On paper, trustees have the power to appoint or dismiss the AMC, only with the approval of SEBI. Trustees are effectively the eyes and ears of SEBI and play a vital role in the governance structure of mutual funds in India. Keeping in view the extensive duties and obligations that have been cast on the trustees, trustees need to be more conscious of the decisions made by AMCs and evaluate its policies from time to time to ensure compliance with the SEBI MF Regulations.
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The Court held that there is prima facie evidence to suggest that the applicants (Faruqui and the show organiser, Yadav) had intended to outrage religious feelings "under the garb of standup comedy."
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S&R Associates represented Hindustan Media Ventures Limited in its INR 540 million investment in Oravel Stays, the operator of OYO Hotels & Homes.
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The team advised Blue Planet Environmental Solutions India Private Limited (BPES) in drafting and negotiating the joint development agreement with The Energy and Resources Institute (TERI) in respect of a collaboration between parties for a competitive and innovative waste management system/technology, and advised in the structuring the deal, negotiations between parties and drafted the agreement incorporating the understanding of the parties achieved through negotiations
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Khaitan and Co acted as legal advisor to Majesco Limited in relation to buyback of up to 74,70,540 equity shares, representing approximately 24.78% of the Company’s total paid-up equity, through the “tender offer” route, in accordance with applicable SEBI regulations.
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With over 11 years of experience, Akshay’s practice focusses on advising clients on project development and implementation in the energy, power, transportation, social infrastructure and defence procurement sectors. He has represented government authorities, sponsors, contractors and lenders engaged in public-private partnerships on financing, mergers, acquisitions and disputes
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In a major relief to L&L Partners Senior Partner Mohit Saraf, the Delhi High Court today stayed his termination, pending the conclusion of arbitration proceedings with the capital-based law firm’s founder and managing partner Rajiv Luthra.
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Khaitan and Co provided structuring advice for the transaction from an Indian law perspective
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